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Austin vs Minneapolis

Metro-area medians — Austin-Round Rock-San Marcos, TX Metro Area vs Minneapolis-St. Paul-Bloomington, MN-WI Metro Area — not the cities proper.

Austin and Minneapolis are evenly matched, each taking 4 of the clearly-decided measures.

Austin costs about 7% less to live in, and household incomes are similar. Adjusted for local prices, a typical paycheck stretches further in Austin.

For your salary & household

Enter your pay and household size to see what it's really worth here — the numbers update live and the link stays shareable.

Austin, TX
$61,314
take-home / yr · 18% to tax
$62,523
real value after local prices
Minneapolis, MN
$57,702
take-home / yr · 23% to tax
$55,048
real value after local prices

On $75,000 for just you, Austin leaves you about $7,475/yr better off after tax and local prices.

Take-home estimates a single filer taking the standard deduction (2025 federal brackets, FICA, and state income tax) and isn't tax advice. “Real value” rebases take-home to average U.S. prices using the BEA cost-of-living index; the per-person figure uses the OECD square-root equivalence scale.

Measure
Austin
Minneapolis
Livability (CityLedger)
83/100
74/100
Cost of living (price level, US = 100)
98.1
104.8
Cost-adjusted income (pay's real value)
$101,867
$93,423
Median household income
$99,897
$97,928
Median rent
$1,784/mo
$1,444/mo
Median home value
$482,800
$384,300
Unemployment
3.9%
3.8%
Bachelor's degree or higher
52.3%
45.9%
Average commute
28.2 min
24.1 min
Air quality (median AQI)
52
47
Avg temperature
68°F
46°F

Choose Austin for

  • + Livability (CityLedger)
  • + Cost of living (price level, US = 100)
  • + Cost-adjusted income (pay's real value)
  • + Bachelor's degree or higher
Full Austin profile →

Choose Minneapolis for

  • + Median rent
  • + Median home value
  • + Average commute
  • + Air quality (median AQI)
Full Minneapolis profile →

Austin vs Minneapolis — frequently asked

Is Austin cheaper than Minneapolis?
Austin is cheaper: its overall cost of living runs about 7% below Minneapolis's (BEA Regional Price Parities).
Which has higher household income, Austin or Minneapolis?
Household incomes are similar — $99,897 in the Austin metro versus $97,928 in Minneapolis (U.S. Census Bureau, ACS).
Does a paycheck go further in Austin or Minneapolis?
A paycheck stretches further in Austin. Adjusted for local prices, the median income is worth $101,867 there versus $93,423 in Minneapolis.
Which has cheaper rent, Austin or Minneapolis?
Minneapolis has cheaper rent — a median of $1,444/mo versus $1,784/mo (U.S. Census Bureau, ACS).